Once again, the government is deliberating the implementation of a “sin tax”, aiming to offset the revenue losses incurred in 2020 and fund support programmes for low-income families. This discussion signifies that higher costs for tobacco, alcoholic drinks, and added-sugar products are likely to emerge, further impacting an industry that already grapples with significant challenges, declining volumes, and soaring prices.
One notable trend anticipated is the positive indirect impact of the rising popularity of whiskies amongst Brazilians. This trend, which gained prominence in 2020, was driven by affluent households experiencing surplus disposable incomes due to limited socialising and travel opportunities.
As the international scenario is influenced by various factors, including the ongoing war in Ukraine, companies are facing additional challenges in managing their supply chains and navigating the impact on global logistics. The escalation of the war in Ukraine has intensified geopolitical tensions and disrupted trade routes, leading to increased uncertainty and pressures on inflation.
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Understand the latest market trends and future growth opportunities for the Cigars, Cigarillos and Smoking Tobacco industry in Brazil with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Cigars, Cigarillos and Smoking Tobacco
This report originates from Passport, our Cigars, Cigarillos and Smoking Tobacco research and analysis database.
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